Memecoin PNUT Rips on Elon Musk’s Epstein Cue

6 hours ago

‘Peanut’ the squirrel is dead, but the meme coin named aft him is inactive mooning.

A late-night station from technocrat Elon Musk slamming U.S. authorities for euthanizing the viral squirrel portion failing to complaint anyone from Jeffrey Epstein’s alleged lawsuit database preceded a measurement and terms spike, information shows, showing speculative fervor is live and good successful the market.

(The "Epstein list" refers to high-profile individuals allegedly connected to Jeffrey Epstein’s enactment trafficking network. No official, verified nationalist database exists.)

“Government is profoundly broken,” Musk wrote. “They arrested (and killed) Peanut, but person not adjacent tried to record charges against anyone connected the Epstein lawsuit list.”

Within minutes, Solana-based meme token PNUT spiked implicit 10% arsenic traders piled successful connected the name-drop.

PNUT, which has nary affiliation with the existent squirrel oregon Musk, saw trading volumes surge implicit 120% from $65 cardinal to $214 cardinal successful a 24-hour period, according to CoinGecko. The token’s terms concisely touched 23 cents earlier cooling.

With nary protocol, nary utility, and nary roadmap, PNUT trades purely connected taste resonance and reflexive speculation. That makes it a favourite for momentum hunters, and a token to ticker for erstwhile arguable topics bash the rounds — astatine slightest connected Musk’s X.

Read more: Elon Musk Says America Party Will Embrace BTC arsenic 'Fiat Is Hopeless'

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